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China tech

China extends probes of US-listed tech groups after curbs on Didi

Shares in investor SoftBank hit by action against ride-hailing app days after IPO

TOKYO/HONG KONG -- China's cyberspace regulator deepened turmoil in the country's tech sector on Monday by announcing national security-related reviews of two more companies that recently listed in the U.S., a day after unveiling curbs on ride-hailer Didi Global in the wake of its $4.3 billion New York IPO.

The Cyberspace Administration of China said it was looking into Huochebang and Yunmanman, which are owned by Full Truck Alliance, and Boss Zhipin, a recruitment site owned by Kanzhun.

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